Power Reforms News Today

The Ministry that is the focus of this piece is Power, and its new Minister, Adebayo Adelabu, grandson of the inimitable legend, Adegoke Adelabu, a stormy petrel of Nigeria’s First Republic/Ibadan/Western region politics and brilliant author of the book, Africa in Ebullition. It must have occurred to Adebayo Adelabu that as Power Minister, he too…

One Minister has even turned himself into a quasi-military administrator of the Federal Capital Territory! 

Are unabated market reforms in the power sector delivering?

A foundation member of the All Progressives Congress, APC, Mr Osita Okechukwu has appealed to President Bola Ahmed Tinubu not to eject Mallam Nasir

J&K to achieve the target of installing smart meters to check power thefts; hindrance to be removed.

In FY22 and FY23, 12 states were given permission to raise Rs 66,413 crore extra debt

The Indian government has provided financial incentives of Rs 1,43,332 crore to 12 states for power sector reforms. This includes Rs 66,413 crore as additional borrowing for reforms completed in 2021-22 and 2022-23. The incentives aim to improve efficiency and performance and will enable states to borrow additional funds. Specifically, states can borrow up to 0.5% of their Gross State Domestic Product annually from 2021-22 to 2024-25 if they implement specific power sector reforms.

After setting August 23 as a deadline to install smart meters in all urban areas of J&K, Chief Secretary directed the officers to bring down AT&C losses by less than 20 percent.

Power connections of 1,146 influential and chronic defaulters including Ghulam Nabi Azad and J&K BJP president Ravinder Raina were disconnected for not paying the power tariff.

Some issues to come up are power reforms, privatisation of PSUs, rising fuel prices, Centre usurping powers of states and others